China Customs Administration recently released data show that in January this year, Sino Russian bilateral trade amounted to 6 billion 550 million U. s.dollars, an increase of 34%. Analysts believe that the two countries trade in the weak economic recovery in the world, showing a good situation, not only ushered in a good start, will also achieve further growth in 2017.
           According to the General Administration of Customs of China, in January, Russia's exports to China grew by 39.3%, reaching US $3 billion 140 million, and China's exports to Russia grew by 29.5%, amounting to US $3 billion 410 million. China continues to maintain its position as Russia's largest trading partner. Wang Kaixuan, deputy director of the Department of European Chinese Ministry of Commerce said last year, the Sino Russian trade volume was $69 billion 530 million, an increase of 2.2%, decreased in Chinese and other major trading partners of trade volume, showing contrarian growth. It is expected that bilateral trade will continue to grow with the recovery of energy prices this year. Contrarian growth, good economic and trade cooperation
           In 2000, trade volume between China and Russia was only $8 billion. Thanks to the unremitting efforts of both countries, bilateral trade volume was raised to US $95 billion 300 million in 2014. In recent years, the volume of trade between China and Russia has declined due to factors such as sluggish world economy and depressed international oil prices. In the current world economic recovery is weak, protectionism, trade between the two countries at the beginning of this year to achieve rapid growth, it is not easy.
           In an interview with Russian media, Chinese ambassador to Russia Li Hui said that China Russia economic and trade cooperation is showing a good momentum of positive development. When Russian ambassador to China Denisov recently spoke of cooperation with China, he also said that relations between Russia and China have made rapid progress in various fields in recent years. Both ambassadors believe that even if the current global economic situation is not smooth enough, bilateral trade between China and Russia still has the potential to reach the goal of $200 billion by the heads of state of the two countries by 2020.
           Show vitality and improve trade structure
           At the beginning of the devaluation of the Russian ruble, Russian scholars said that the "crisis" contained the "machine"". The spring of 2015, although many business people worry about the ups and downs of the ruble exchange rate, but the Russian Federation Finance University professor Lemega told reporters that he saw a very good momentum of Sino Russian bilateral trade, trade between the two countries in the years of weak electromechanical show their vitality.
           The harsh external situation makes Russia to efforts to adjust the economic structure of excessive dependence on oil and gas exports, import substitution plan, efforts to promote the development of other industries, and expand economic cooperation partners in the Asia Pacific region. China is undergoing industrial restructuring and upgrading, and the trade structure of the two countries has improved accordingly. According to the Ministry of Commerce China data, 2016 China Import and export of electromechanical products performance is gratifying, more than 30% of the Russian Chinese increase the export of electromechanical products, high-tech products and electromechanical products, China accounted for Russian exports accounted for more than 60%. China's imports of electromechanical products from Russia have also increased by 35%.
           China became the biggest buyer of Russian food, another highlight of bilateral trade between China and Russia in 2016. Russia has become the world's largest wheat exporter in recent years. Last year, China imported more than 1 billion 800 million dollars of agricultural products from Russia, an increase of 18%. Wang Kaixuan said that in 2017, China will import some new agricultural products from Russia, and bilateral agricultural trade will continue to grow.
           China's booming Internet economy has also added new momentum to bilateral trade. Russian buyers have been a keen participant in China's "double 11". As early as 2015, China and Russia cross-border electricity supplier trade volume is close to $3 billion. In Russia's total electricity supplier transactions, from China accounted for 80%. At present, the Alibaba, Jingdong and other China e-commerce enterprises to actively expand business in Russia, and constantly improve the service level, the Russian banks and technology companies are also trying to improve the payment process of transnational network transactions.
           Complementary advantages, together to consolidate the foundation for the good
In the first 10 months of 2016, Russia's GDP grew by 0.7%, and industrial output increased by 0.3%. Many analysts believe that the Russian economy has bottomed out, is expected to pick up further in 2017. Russian Economic Development Minister O Lesh Kim said that this year Russia's unemployment rate will be significantly reduced, residents will accelerate the growth of real income, economic growth in the first half and the second half may reach 1% and 2% respectively. This will further consolidate Sino Russian trade for the better.
           Wang Kaixuan said that the Sino Russian strategic cooperation projects, such as aerospace, nuclear, petroleum, natural gas, infrastructure construction including cross-border high-speed rail, bridges and other projects in advance, which will bring new impetus to Sino Russian trade.
Li Hui believes that China and Russia in resources, markets, funds, technology and other aspects of their own advantages, both economies of volume, industry complementarity, market space is broad, the desire to cooperate strongly. The two sides should optimize the trade structure, work together to promote trade liberalization and facilitation, reduce trade costs, support cross-border trade in e-commerce and other new ways of trade development, foster new trade growth point.
           China's Industrial Competitiveness Report (2016) issued by the Chinese Academy of Social Sciences in February 15th pointed out that Sino Russian trade has the advantages of high complementarity, low competitive strength and close ties. The two countries should cultivate new energy trade between China and Russia, the Russian import substitution policy should be docking, docking Russia across the Eurasian railway and Mongolia and Russia economic corridor construction, pay attention to build two division system of industry chain, increase efforts to promote intra industry trade. Russia should take advantage of China's capital, market and labor force to cultivate and promote its dominant industries and actively participate in world share